calcpips.com

Pip Calculator

Choose your trading pair below to use the Pip Calculator

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How It Works

A pip (percentage in point) is the smallest price movement in forex trading. For most currency pairs, one pip equals 0.0001 (the fourth decimal place). For JPY pairs, one pip equals 0.01. Understanding pip values is essential because it tells you exactly how much money you gain or lose per pip movement. For example, if you trade 1 standard lot of EUR/USD and the price moves 10 pips in your favor, you profit $100. This calculator instantly converts pip movements into your account currency.

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